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    GM
    author
    Ponyo
    February 03, 2026
    DeFiHyperliquidHyperliquid

    Jeff’s Full PM Circle

    Jeff tried to build a prediction market seven years ago when crypto lacked the infrastructure, had a few million users, and no one could tell him if it was legal. Now he's coming back with the largest perps DEX in crypto, a custom L1, a top-10 token at $10B market cap, and the composability to compete.

    Comment thumbnail
    DeFi
    HyperliquidHyperliquid
    author
    Ponyo
    January 30, 2026
    Market

    Where TF is Crypto Heading?

    BTC is down 15% YoY while the S&P gained 16% and gold, silver hit ATH. We analyze the structural impact of the 10/10 liquidation event, the bits-to-atoms rotation thesis, and the growing disconnect between fundamentals and price.

    Comment thumbnail
    Market
    author
    Ponyo
    January 23, 2026
    MarketHyperliquidHyperliquid

    HSI Has Purchased 3M HYPE Since December

    On-chain analyst mlmtracked HSI’s (formerly Sonnet BioTherapeutics) wallet activity and published findings on their recent HYPE accumulation:

    Comment thumbnail
    Market
    HyperliquidHyperliquid
    author
    Ponyo
    January 14, 2026
    General

    Hyperion's Shareholder Letter: From Treasury to Operator

    Hyperion DeFi put out its first shareholder letter under new CEO Hyunsu Jung on January 12. The company is explicitly positioning itself as an on-chain operating business built around its treasury.

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    General
    author
    Ponyo
    January 09, 2026
    GeneralOptimismOptimism

    Optimism's Buyback Isn't a Magic Wand

    OP's buybacks is a meaningful step forward, but it won’t matter much. At current revenue levels, the mechanism is more symbolic than substantive.

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    General
    OptimismOptimism
    author
    Ponyo
    October 17, 2025
    DeFiMarketHyperliquidHyperliquidVentualsVentuals

    Ventuals Hits 1.45M vHYPE in Under 24 Hours

    Ventuals’ vHYPE staking campaign launched on Oct 16 at 15:00 UTC, marking one of the fastest HIP-3 bootstraps to date.

    Comment thumbnail
    DeFi
    Market
    HyperliquidHyperliquid
    VentualsVentuals